Turn Key Vacation Rental + Property

Business Description

This profitable vacation rental business offers a great lifestyle and it is a fun business to operate. Earnings are over $110K with combined gross sales of $ 330,500. The business is established for over 25 years representing over 60 units located throughout Maui. The business has a gorgeous ocean view office that is commercially zoned to accommodate the efficient staff of 4 employees. The properties this Vacation Rental business manages ranges from Oceanfront, Ocean View, and Garden view units. The condominium owners are very loyal to this Vacation Rental Business for its professionalism, integrity in doing business, and true Aloha spirit.

This Business is unique in that the multiple for this type of business ranges from 4-7 times earnings and this business is listed at 3.75 times earnings. The added bonus is the Commercial property that comes with the business which is very rare to find.

Ask about Meridian Financial Inc. funding resources to package a loan for this type of transaction. Contact Carrol Hall toll free for more details 877-878-8744.

About the Business

Year Established:

1976

Number of Employees:

3FTE; 1PTE

Facilities:

Over 900 Square feet of Commercial space with a beautiful ocean view. Office has 6 workstations, spacious private conference room and plenty of storage facility. Business is sold with the Office Condo.

Market Outlook/
Competition:

Maui News Article: Tourist arrivals grow; spending grows more – August 2, 2006 Maui News By HARRY EAGAR, Staff Writer Tourists have opened their wallets this year to the tune of nearly $1.8 billion in Maui County, an average of almost $10 million a day. In June, they spent even faster. Department of Business, Economic Development & Tourism numbers show that visitors spent $333.2 million in June, or more than $11 million a day. For the first six months of 2006, tourism numbers are up 9.2 percent while tourist spending is up 20.1 percent. The other Neighbor Islands are getting the higher head counts but not the extra money. And Oahu is down in head count and just even in spending.

About the Sale

Listing Info

Keywords:

Carrol Hall, Caroll Hall, Carol Hall, Carrol Hall Hawaii, Maui business for sale, Hawaii business for sale, Oahu business for sale, Kauai business for sale, buying a business on hawaii, buying a business in hawaii, hawaii businesses for sale, maui businesses for sale, ocean tour business for sale, tour business for sale, hawaii tour business for sale, Candice Kaiser, Candice Kaiser hawaii, candice kaiser maui, profitable business for sale, hawaii business brokers, maui business brokers, hawaii business broker, maui business broker, fun business for sale, turnkey business for sale, profitable business for sale

BizQuest Listing ID:

804071

Ad Detail Views:

1148

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Explanation of Financial Terms

Asking Price
The total asking price of the business for sale.

Gross Revenue
All income the business received before any expenses or cost of goods sold have
been deducted.

Cash Flow
The net profit before taxes plus any payments made to the owner, interest, and depreciation
of assets. For example, if the net profit before taxes was $200,000, and the owner
was paid $50,000, the cash flow would be $250,000.

Inventory
The value of the merchandise, product (unfinished and finished), and raw materials
which have not yet been sold.

FF&E
Furniture, Fixtures, and Equipment. Any non-inventory item, included in the sale
that has no permanent connection to the structure of the building or utilities.

Real Estate
The value of property owned by the business. May be included in the asking price
or offered separately. If no real estate value is listed, it was not provided by
the seller.

The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.

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Turn Key Vacation Rental + Property

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